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Woofun AI reports that Peter H. Diamandis, founder of XPRIZE and an early investor in SpaceX, has altered his personal asset allocation strategy. For the past decade, Diamandis deployed idle capital into Bitcoin, accumulating a substantial long-term position. Moving forward, he intends to channel these funds into SpaceX equity instead.
Diamandis acknowledges potential short-term price depreciation stemming from upcoming share unlocks.
However, he emphasizes a strategic focus on fostering the off-planet economy rather than pursuing immediate quarterly returns, signaling a shift from digital asset accumulation to direct aerospace investment.